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Broadband

KPN grows consumer fixed revenues 2.5%, helped by FTTH

Tuesday 4 February 2014 | 10:07 CET | News
KPN's Consumer Residential division reported fourth-quarter sales up 2.5 percent year-on-year to EUR 492 million, helped by price increases in July. Growth was driven by the broadband and FTTH activities, while telephony continued to contract. The contribution from TV services increased on an annual basis, but was lower compared to Q3 2013. EBITDA at the division rose 20 percent, with comparable growth of 16 percent, helping the margin improve 3 percent points to 20.3 percent. Capex was down sharply, helping free cash flow improve to a positive EUR 38 million versus a negative EUR 12 million

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Categories: Fixed
Companies: Digitenne / Hi / KPN
Countries: Netherlands
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